Figma's $50+b IPO
OpenAI's stealth model horizon-alpha on OpenRouter sparks speculation as a precursor to GPT-5, showing strong reasoning and SVG generation capabilities, comparable to Gemini 2.5 Pro. Alibaba released the Qwen3-Coder family, including a fast Qwen3-Coder-Flash (30B-A3B) variant with agentic features and 1M context length support via UnslothAI. Cohere launched Command A Vision, a 111B parameter open-weights vision-language model outperforming GPT-4.1 and Llama 4 Maverick on enterprise benchmarks. Black Forest Labs introduced FLUX.1 Krea [dev], an open-weights photorealism model compatible with fine-tuning tools like diffusers and ostrisai. Zhipu AI unveiled GLM-4.5, a hybrid reasoning open model with agentic capabilities available on Together AI. Discussions highlight the rising importance of inference-time training and reasoning model generalization. Mistral AI released the technical report for Voxtral continuing its open science efforts.